Pearson PLC
17 January 2006
17 January 2006
Trading update
Pearson is today providing a regular trading update ahead of our 2005
preliminary results announcement on 27 February 2006.
Pearson traded strongly through the end of 2005, in line with our expectations.
Our education business maintained its strong performance in School, Higher
Education, Professional and international markets; Penguin's fourth-quarter
frontlist performed well; the Financial Times sustained its advertising revenue
growth and will reach breakeven; and IDC expects to report its best year ever.
Pearson is therefore on track to report significant underlying growth in sales,
adjusted earnings per share, free cash flow and return on invested capital.
We also continue to expect 2006 to be another good year for Pearson, with
further progress on our overall financial goals and in all our major businesses.
Ends
For more information: Luke Swanson/Deborah Lincoln + 44 (0)207 010 2310
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